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Labor Laws in Grenada

  • Annual Leave: 14 days
  • Maternity Leave: 90 days
  • Public Holidays: 11
  • Workweek:40 - 44 hours per week.

Income Tax in Grenada

Income Tax in Grenada is progressive with rates ranging from 10 - 28%.

Value Added Tax (VAT) in Grenada

The standard rate of VAT is 15%.

Social Security in Grenada

Employer Contributions

  • 5% of the employee’s salary: Employers contribute to the National Insurance Scheme (NIS) for their employees.

Employee Contributions

  • 5% of the employee’s salary: Employees also contribute to the NIS, with the total contribution rate being 10% of their salary.

Work Visas Grenada

Foreigners seeking to work in Grenada can apply for the following work visas or permits:

  • General Work Visa: This is the standard visa for anyone who has secured a job offer in Grenada. It requires a letter from the future employer confirming employment.
  • Investor’s Work Visa: This visa is for individuals who are investing in the country. It requires proof of investment and a detailed business plan.
  • Self-Employed Work Visa: This visa is for freelancers and independent contractors who plan to work in Grenada. It requires demonstrating how their skills can benefit the local economy.
  • Special Work Visa: This visa is for individuals with unique skills or qualifications that are in high demand in Grenada.

Hire Talent from Grenada with Global Expansion

Setting up a company in Grenada can be expensive and complex. Global Expansion simplifies your entry into this market. 
 
We handle hiring, HR, and payroll while ensuring compliance with local regulations, all without establishing a local entity. 
 
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